Path to Abundant Living

What does it really mean to exit your business and your identity?In this episode of Path to Abundant Living, we sit down with Micah Brandenburg and Elise Brandenburg of Legendary Exits to explore a topic that most business owners avoid until it’s too late: what happens after the exit.Micah Brandenburg is the founder of Legendary Exits, a business exit advisory firm based in Greenville, SC. A Certified Exit Planning Advisor (CEPA) and appointee to the SBA’s Thrive Program, Micah helps privately-held business owners maximize company valuations and execute successful ownership transitions. He is joined by his wife Elise Brandenburg, Head of Partnerships at Legendary Exits.Micah and Elise bring a unique perspective to exit planning—one that goes far beyond valuation and deal structure. Drawing on backgrounds in finance, entrepreneurship, and advisory, they challenge the traditional notion that selling your business is purely a financial transaction. Instead, they frame it as one of the most personal and defining transitions of an entrepreneur’s life.This conversation dives into the critical distinction between a life of success and a life of significance—and why that difference matters more than ever when planning your exit. From the emotional realities founders often underestimate, to the costly mistakes that can impact both quality of life and company value, this episode offers a new lens on what it means to truly prepare.You’ll also hear practical insights on when exit planning should begin, the most common misconceptions business owners have, and the key levers that can dramatically increase the value of a company before a sale.Whether you’re years away from an exit or already thinking about your next chapter, this episode will challenge you to think deeper, plan earlier, and define success on your own terms.For more information, visit LegendaryExits.com.Chapters:0:00 - Introduction1:49 - Your exit is inevitable4:01 - The mission behind Legendary Exits12:00 - Understanding your identity18:24 - Looking ahead to a life of significance32:20 - Pushback from business owners34:33 - Working with your spouse42:43 - Advice for those spinning their wheels49:00 - "Everyone has a plan until you get hit in the face"54:50 - Closing remarks

Employer-sponsored healthcare covers more than 150 million Americans — yet costs continue to rise, outcomes remain inconsistent, and employee experience often falls short.In this episode of Path to Abundant Living, Matt Nordmann sits down with Lee Lewis, Chief Strategy Officer of the Health Transformation Alliance, to examine what’s fundamentally broken in employer healthcare — and what it would take to rebuild it from the ground up.Drawing from his experience advising Fortune 10 employers, launching two dozen health-benefit startups, and helping shape open-source employer benefits strategy through Health Rosetta, Lee offers a candid look at why decades of “cost containment” haven’t worked. The conversation explores misconceptions among CFOs, the realities of healthcare innovation, overhyped trends, and the structural forces driving costs beyond inflation.Matt and Lee also discuss the future: Will employer-sponsored healthcare still exist in 20 years? Where is meaningful disruption most likely to emerge? And how will AI and predictive analytics reshape benefits strategy?This episode challenges leaders to think beyond incremental savings and consider what true transformation requires.Chapters:0:00 - Introduction3:36 - The core issue within healthcare benefits13:12 - Understanding and leveraging your data19:33 - Be ruthless with your efficiency27:30 - Building better benefits for your employees40:53 - The future of healthcare benefits52:24 - Connect with Lee on LinkedIn55:00 - Key takeaways58:20 - Closing remarks

In this episode of Path to Abundant Living, host Matt Nordmann sits down with Adam Butler, Chief Investment Officer at ReSolve Asset Management, for a wide-ranging conversation on how investing has evolved in a world where the old rules no longer apply.Drawing on more than two decades of experience across multiple market regimes, Adam shares how lessons from the 2008 financial crisis reshaped his thinking around risk, diversification, and portfolio construction. The discussion explores common misconceptions about quantitative investing, the challenges of designing portfolios that can withstand both inflationary and deflationary environments, and why diversification can feel broken precisely when it’s needed most.Matt and Adam also look ahead—examining how structural changes in monetary policy, growing political and economic instability, and the rapid advancement of artificial intelligence are altering the signals investors rely on. The result is a thoughtful, forward-looking conversation for investors seeking resilient, adaptive strategies in an increasingly uncertain global landscape.Chapters:0:00 - Introduction3:54 - How the 2008 market cycle shaped modern day investing8:57 - Moving from qualitative to quant investing practices22:17 - Investing to address inflation and deflationary times31:13 - Our investing toolset has expanded39:10 - The hardest part of investing for many investors44:49 - The impact of AI on modern day investing strategies53:47 - How to model risk when there isn't historical data1:00:23 - Key takeaways1:04:18 - Closing remarks

In this episode of Path to Abundant Living, we sit down with Dr. Teri Rouse—an early and behavior interventionist, autism and reading specialist, international speaker, and creator of the REAL Peaceful Parenting Framework. With more than 30 years of experience working with children, parents, and educators, Dr. Teri has dedicated her career to empowering families to create calmer homes and more confident kids.Together, we explore the challenges facing parents today—especially those raising children inside the unique dynamics of a family enterprise. Dr. Teri shares insights from her life, her bestselling books, and her coaching work to help families navigate overwhelm, reconnect with their values, and build environments where both children and parents can thrive.Whether you’re leading a business, raising a family, or balancing both, this conversation offers practical tools and heartfelt encouragement for finding more peace at home and greater harmony in your family’s future.Chapters:0:00 - Introduction2:50 - Dr. Rouse's background and dealing with "those kids"9:45 - The REAL Peaceful Parenting Framework16:30 - Dealing with wealth within families24:03 - Creating a safe space for difficult conversations33:43 - Finding someone who can lovingly help you out of your comfort zone42:11 - Key takeaways from the conversation50:18 - How to connect with Scott and Matt51:03 - Closing remarks

In this episode of Path to Abundant Living, we sit down with Dr. Kimberly Ku, a Triple-Board Certified physician in Oncology, Hematology, and Internal Medicine, whose approach to care goes far beyond clinical expertise. Dr. Ku shares her journey of becoming a true community doctor—someone who treats not just illness, but the emotional realities that patients and their families carry with them.Together, we explore the human side of caregiving, including what it means to support a loved one through uncertainty, how empathy strengthens patient outcomes, and why authentic connection is one of the most powerful tools in medicine. Dr. Ku offers a grounded, compassionate perspective on navigating the hardest moments families face, reminding us that healing happens through relationship, presence, and understanding.This heartfelt conversation provides insight for anyone caring for others—professionally or personally—and highlights how community, empathy, and emotional awareness can shape a more abundant path forward.Chapters:0:00 - Introduction4:08 - What does it mean to be a "community doctor"14:45 - Actively listening to the concerns of patients20:30 - What "abundance" looks like to Dr. Ku29:49 - We're all patients43:16 - Dr. Ku's hope for the future of healthcare48:34 - Key takeaways from the conversation54:00 - Closing remarks

In this episode of Path to Abundant Living, we sit down with Drew Beardslee, Vice President of Government Affairs at the Michigan Retailers Association (MRA). Drew shares his journey into advocacy, the responsibilities that come with representing thousands of retailers across Michigan, and why political engagement is crucial for every business owner.We explore the pressing issues facing Michigan retailers today—rising labor costs, supply chain challenges, energy prices, and regulatory hurdles—and how the MRA works to balance the needs of large and small businesses, urban and rural communities, and brick-and-mortar versus e-commerce.Drew also highlights the power of member voices in shaping legislation, the success stories of retailers influencing policy, and the statewide Buy Nearby program, which helps shoppers strengthen local economies.Whether you’re a retailer, entrepreneur, or simply curious about how business and government intersect, this conversation sheds light on the importance of advocacy for Michigan’s economic future.Chapters:0:00 - Introduction3:35 - Drew's background and role with the MRA7:02 - Why should a business care about politics?15:53 - How Drew makes sure all businesses are represented21:20 - How are customers impacted by this advocacy24:28 - Your politicians want the vote!30:23 - Key takeaways34:45 - Closing remarks

In this inspiring and insightful episode of Path to Abundant Living, we sit down with Victor Boschini, Chancellor Emeritus of Texas Christian University (TCU), to reflect on more than two decades of transformative leadership in higher education. From his unexpected journey to the chancellor’s office to the lasting legacy he leaves behind, Boschini shares candid stories, hard-earned lessons, and heartfelt advice for students, parents, and future university leaders alike.We explore his thoughts on the evolving role of AI in education, the importance of balancing academics with athletics, and what it truly means to lead with vision and compassion. Chancellor Boschini also opens up about what he'll miss most, what he looks forward to in his new role, and even weighs in on some lighter topics—like his cameo in a viral TCU mascot video and his preference between The Far Side and Peanuts.Whether you're connected to the world of academia or simply seeking wisdom on purposeful leadership and change, this episode offers valuable takeaways on navigating life with intention and heart.Chapters:0:00 - Introduction1:45 - Becoming Chancellor of TCU6:00 - Living on-campus in 202514:25 - Advice for new students entering college24:27 - Participating in a viral video with the basketball team32:15 - Navigating the dynamics of being a student-athlete38:35 - Key takeaways 43:00 - Closing remarks

In this transformative episode of Path to Abundant Living, we’re joined by Steven Sisler, renowned author and behavioral analysis expert, to delve into the power of understanding human behavior.Discover how greater self-awareness and a deeper understanding of those around you can enhance relationships, productivity, and personal growth. Steven introduces the groundbreaking HumanAcumen Assessment Platform—a tool built on 18 years of behavioral research and consultation—to help you unlock insights that may change how you see yourself and others forever.Listen as we explore strategies on gaining clarity about your own behavioral patterns, building stronger, more meaningful connections with loved ones and colleagues, and the science and benefits of pattern recognition in human behavior. Chapters:0:00 - Introduction3:58 - Steven's interest in behavior11:25 - The willingness to be open-minded25:24 - Staying present and in-the-moment34:45 - The impact of Steven's work41:50 - Find Steven online46:24 - Closing remarks

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.In this insightful episode of Path To Abundant Living, hosts Matt Nordmann and Scott Morrison tackle some of the most pressing questions on everyone’s mind. From navigating market shifts to adapting financial strategies in unpredictable times, Matt and Scott share their expertise and candid insights on staying resilient and making informed decisions. They also respond to frequently asked questions, offering valuable perspectives to help listeners strengthen their path to financial well-being and abundant living. Whether you're a seasoned investor or new to financial planning, this episode provides actionable advice for everyone aiming to secure a prosperous future.Chapters:0:00 - Introduction and overview on the topic of the day3:00 - Reactive vs. Proactive to Politcal Shifts5:20 - Election Time and Asset Allocation10:30 - Diversification and Inflation15:00 - What, Why and How19:00 - Housing Markets and Looking Back22:00 - Risk Tolerance and Goals with Apprehension 28:00 - Estate Tax Law32:30 - Purchasing Power 35:10 - Historical Returns and Confidence39:00 - Longevity and Income43:00 - Legacy and Longevity 45:10 - How to get in touch with Matt and Scott for a deeper discussion on estate planning46:20 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Matt and Scott welcome you back to another exciting episode of Path to Abundant Living. On this episode, we are joined by performance coach and sports psychologist, Dr. Rick Jensen. As a best selling author, public speaker, and expert coaching more than 30 grand slam championships, Dr. Rick has a wide breadth of transferable knowledge ready to let loose.This and more on this episode of Path to Abundant Living.Enjoy!Chapters:0:00 - Introduction and overview on the topic of the day3:05 - Welcoming Dr. Rick Jensen5:40 - Deliberate Practice 11:00 - Having The Right Want16:00 - The Importance of R&R18:30 - Weak Points and Strength19:30 - Tiger Woods25:30 - Sustaining a Strong Team Around You32:00 - Integrity37:10 - The Value of Advice43:00 - The Mental Impact on Skills47:00 - Ivan Lendl and the U.S Open...Anticipating Adversity52:00 - Key Takeaways47:10 - How to get in touch with Matt and Scott for a deeper discussion on estate planning55:25 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.Join Matt and Scott as they chat with Melissa Smith, founder of Family Brand. Learn how to transform family cultures and create relationships that last and grow together. Learn how the to harness values and ingrain them in your family for generations to come. This and more on this episode of Path to Abundant Living.Enjoy!Chapters:0:00 - Introduction and overview on the topic of the day1:40 - The Butterfly Effect of a Family Brand4:00 - Melissa's Story9:30 - Grown Children and Legacy15:00 - How to Prioritize Family and Successful Traits20:30 - Smiths Are Adventurous 24:00 - Family Brand Wall29:40 - Creating Buy-In35:30 - Scott's Experience with At-Risk Youth37:10 - Why Estate Transitions can Fail42:00 - Matt and Scott's Takeaways47:10 - How to get in touch with Matt and Scott for a deeper discussion on estate planning47:45 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.When making investment decisions, it can be easy to simply see the numbers and what's right in front of you. A great team of advisors will expand your visions to see all the potential and unexpected savings that could be made if your accounts are setup for success in the time frame you need them to deliver by.Tax loss harvesting is one of these unexpected methods to save big when it really counts. On today's episode, Matt and Scott examine the method of tax loss harvesting as well as separately managed accounts so you can be best informed when the time comes.Enjoy!Chapters:0:00 - Introduction and overview on the topic of the day3:00 - The Low Cost Distraction5:00 - How Fund Managers Control Exposure9:30 - Is It Too Late to Tax Loss Harvest?12:00 - How Does Tax Loss Harvesting Work?15:30 - How to Prepare as an Individual 20:00 - The Hidden Tax Fee22:00 - Fund Managers Don't Work for Free25:30 - Spreading Gains Out28:10 - Virtual Family Office29:40 - How to get in touch with Matt and Scott for a deeper discussion on estate planning30:40 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.A good financial planner plans your future for you. A great financial planner guides you with careful experience to the right decisions for you. This guidance shouldn't be concrete. It should be ever evolving based on the challenge in front of you. Just like a caddy advising their player on a challenging hole, so does a great financial planner advise their client.On today's episode, we are pleased to welcome on the podcast Russ Holden, CEO of Caddy for a Cure.Caddy For A Cure is a dream-turned reality for Russ Holden, program CEO. It was Russ’s touch with Fanconi Anemia in the summer of 1993 that ultimately sparked a passion and the fire to start Caddy For A Cure, developing it into the program that it is today.Holden has been a PGA of America Class A golf professional since 1985 and had the great fortune of being the Head Golf Professional at Woodfield Country Club in Boca Raton, FL. During his time at Woodfield, Holden befriended resident and two-time Masters Champion, Bernhard Langer. From this friendship, Russ began working on the PGA TOUR, caddying both full- and part-time for the German Hall of Fame golfer from 1991 until 2006. After twenty two highly successful seasons on the PGA TOUR and with the support of virtually all of its players, the Caddy For A Cure concept continues to grow. Enjoy!Chapters:0:00 - Introduction and overview on the topic of the day3:05 - Welcoming Russ Holden onto the show7:00 - What Makes a Great Caddy9:44 - Accepting Responsibility, Bernhard Langer's Example12:00 - Christian's Story and Fanconi Anemia13:40 - The Birth of Caddy for a Cure16:40 - Serving Veterans21:25 - A Family Charity for Families28:00 - Flying with The Blue Angels31:20 - How to Support Caddy for a Cure32:40 - The Impact of Loving On Our Vets35:48 - The key takeaways from today's episode41:00 - How to get in touch with Matt and Scott for a deeper discussion on estate planning41:45 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.Estate planning isn't just about distributing assets; it's about ensuring your legacy lives on according to your wishes. Joined by Jack Weyers, Estate Planning Attorney at Family and Elder Law of Mid-Michigan, we discuss the fundamental components of estate planning, from drafting wills and trusts to designating beneficiaries and establishing healthcare directives. Our guest sheds light on the common misconceptions surrounding estate planning and highlight why it's crucial for individuals of all ages and financial backgrounds.Throughout the conversation, we'll uncover the potential pitfalls of neglecting estate planning and the legal complexities that can arise without proper preparation. From minimizing tax burdens to protecting family members and business interests, our experts will provide invaluable insights into the multifaceted aspects of estate planning.Enjoy!Chapters:0:00 - Introduction and overview on the topic of the day2:11 - Welcoming Jack Weyers onto the show4:00 - Why Jack feels compelled to orchestrate estate plans for families7:34 - Some success stories in helping to avoid estate-related issues11:22 - The key areas someone should be reviewing within their estate plan16:58 - Do you need a trust? 21:50 - How Jack counsels families and navigates challenging wealth-related discussions26:05 - Navigating situations where there were multiple marriages31:42 - The picture hanging in Jack's office36:26 - What an initial meeting with Jack and his team looks like40:20 - How to get in touch with Jack and his team42:28 - The key takeaways from today's episode47:20 - How to get in touch with Matt and Scott for a deeper discussion on estate planning48:40 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.On the latest installment of Path to Abundant Living, we delve into the crucial realm of cybersecurity with none other than Cheyenne Harden, the visionary Owner & CEO of Cyber Protect LLC. With the digital landscape evolving at an unprecedented pace, the importance of cybersecurity has become more paramount than ever before.Join us as we sit down with Cheyenne to unravel the complexities of cybersecurity in today's interconnected world. From the rising threat of cyber attacks to the indispensable measures needed to safeguard our digital assets, Cheyenne provides invaluable insights garnered from years of experience at the forefront of cybersecurity innovation.Through engaging anecdotes and expert analysis, Cheyenne sheds light on the evolving nature of cyber threats, emphasizing the need for proactive strategies to mitigate risks and fortify defenses. Whether you're a seasoned tech enthusiast or a curious novice, this episode promises to deepen your understanding of cybersecurity and its pivotal role in safeguarding our digital frontier.Chapters:0:00 - Introduction and overview on the topic of the episode1:44 - How Matt and Scott met Cheyenne and his team3:45 - Cheyenne's background and how he got involved in cybersecurity 7:21 - Statistics on the number of cyber criminals existing in today's day and age12:39 - Strategies that you can implement to reinforce your cybersecurity efforts16:14 - Best practices when it comes to passwords22:20 - Leveraging a password manager and developing an effective pass phrase27:53 - How we can stay up to date on the next new scam32:52 - Reviewing the security measures in place with various internet browsers39:09 - How to get in touch with Cheyenne and his team to learn more41:40 - The key takeaways from today's episode45:29 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.On the latest episode of Path to Abundant Living, we sit down with the visionary Chris Johnson, Founder of On Target Living, to delve deep into the world of holistic well-being. Join us as we explore the crucial importance of living a healthy lifestyle and discover how Chris's organization is revolutionizing the way people approach their well-being.Chris Johnson is not just a health expert; he's a passionate advocate for empowering individuals to achieve their full potential through sustainable and balanced living. In this interview, we uncover the core principles of On Target Living and the transformative impact it has had on countless lives.Chapters:0:00 - Introduction and overview on the topic of the day1:28 - The intersection of wealth and health4:40 - Why Matt calls Chris the "Super Action Figure" 7:45 - Your health is your greatest asset13:23 - Knowing your numbers and which ones are most important17:01 - What it means to be "living your life on target"21:16 - Actionable steps you can be doing today to start living healthier30:11 - Focus on the source. What nutrients do you really need? 36:03 - The story of Chris' father and how he left an impact on Chris39:00 - The key takeaways from the conversation with Chris43:02 - How to get in touch with Matt and Scott43:50 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.Join us in this enlightening episode as we sit down with Charis Santille, founder of Charis Your Life, a renowned organization dedicated to helping individuals achieve balance in their lives. In this thought-provoking conversation, Charis shares her insights and practical tips on how to cultivate a harmonious and well-rounded life in the midst of today's fast-paced world.Discover the importance of creating a balance between work, personal relationships, and self-care, as Charis draws upon her extensive experience in coaching and personal development. We delve into the challenges many of us face in juggling various aspects of our lives and explore effective strategies to maintain equilibrium.Chapters:0:00 - Introduction and overview on the topic and guest for today's show3:28 - Charis' backstory and her hot air balloon crash8:20 - Navigating emotional challenges and trauma11:33 - Emerging from trauma with a great passion for something important16:37 - How Charis works with entrepreneurs and professionals to navigate challenges21:01 - Struggling to accept compliments 23:48 - Wrapping your identity into one thing and then that thing changes29:16 - Transitioning into retirement and the emotional challenges accompanying it36:02 - When to begin preparing yourself for a major life transition41:15 - How you can get in touch with Charis and learn more42:20 - Key takeaways for Ryan, Scott and Matt48:03 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.On the latest episode of Path to Abundant Living, we unravel the transformative world of Concierge Medicine with none other than Dr. Dan Carlin, the visionary Founder & CEO of World Clinic. Concierge Medicine, a paradigm shift in healthcare delivery, offers patients personalized, unhurried, and unparalleled access to their healthcare providers. Dr. Carlin, a trailblazer in this field, shares his invaluable insights and experiences, shedding light on the revolutionary changes Concierge Medicine brings to the healthcare landscape.Discover how Concierge Medicine redefines the patient-doctor relationship, fostering a more profound connection built on trust, time, and personalized attention. Chapters:0:00 - Introduction and overview on the topic of the day1:08 - Our most important asset is our pulse3:06 - Welcoming Dr. Dan Carlin onto the show4:14 - An overview on Dr. Carlin's background and the beginning of World Clinic8:32 - Our bodies are designed to respond to the workload we take on11:40 - Habits of a healthy lifestyle19:20 - The fear of the fall21:08 - Making consciousness decision to incorporate physical activity in your daily routine25:08 - The U.S. Healthcare system is in trouble30:19 - "I wish I had seen you three months ago"35:45 - The benefits of leveraging an executive physical38:10 - Where to learn more about World Clinic and Dr. Carlin's work40:39 - Key takeaways from Dr. Carlin 47:30 - How to get in touch with Matt and Scott48:45 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.The real estate market has been rapidly changing over the last few years, and rising interest rates are making an impact on home purchases at large!On the latest episode of Path to Abundant Living, we're thrilled to welcome Brooks Warner, Co-Owner of the Mitten Home Team, to unpack a variety of pressing real estate questions, best practices when buying a home, and what you should be on the lookout for!Brooks' extensive experience in real estate will leave you with some helpful considerations, should you be interested in purchasing a home. Timecodes:0:06 - Introduction and overview on the topic of the day1:36 - Why we decided to invite Brooks onto the show4:20 - The rising interest rates in today's day and age6:54 - "Reverting to the mean"11:33 - Navigating tricky situations when a client believes their home is worth more13:48 - What people can be doing to add value to their home before selling20:48 - How neighbors can enter the picture when selling your team25:11 - Instances where Brooks is both the buyer's and seller's agent30:24 - Where Brooks believes interest rates will go in the future35:20 - How to get in touch with Brooks and his team36:14 - Closing remarks and parting thoughtsConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.It all began with Lieutenant Col. Dan Rooney’s flight home from his second tour of duty in Iraq. An F-16 fighter pilot in the Oklahoma Air National Guard, he became painfully aware of the realities families face when a loved one in uniform is fallen or disabled.Since that night, Lt Col Rooney has committed his life to rallying patriotic Americans and meeting sacrifice with hope through the Folds of Honor. Since 2007, they’ve provided life-changing scholarships to the spouses and children of America’s fallen or disabled military. And now, their mission expands to the families of America’s first responders. Since its birth, Folds of Honor has helped over 44,000 military and first responder families with nearly $200,000,000 in life changing scholarships. Join us for a very special episode of Path to Abundant Living, where we discuss Folds of Honor, "going before you're ready," and some of the pivotal life experiences Dan Rooney has faced along his path. Timecodes:0:06 - Introduction and overview on the topic of the show1:45 - How Matt came to know Lt Col Dan Rooney4:30 - Welcoming Dan Rooney to the show6:21 - How Folds of Honor was developed during a moment of synchronicity9:58 - Scaling Folds of Honor and making a real impact18:37 - Dan's new book "Fly into the Wind" and the life lessons throughout24:13 - "Chair flying" and "Go before you're ready"28:13 - How someone can get involved with Folds of Honor and make a difference31:23 - Where the money donated to Folds of Honor goes exactly34:00 - How Dan was able to land Budweiser as a partner with Folds of Honor37:15 - What's on the horizon for Dan Rooney40:15 - Matt's overall impression of Dan Rooney and what he got out of the conversation43:30 - Ryan working on the Folds of Honor documentary several years ago46:20 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.In a world where words often fall short, understanding the subtle art of nonverbal communication can be a game-changer. From the tilt of a head to the twitches of a hand, our body language reveals more about our thoughts and emotions than we might realize.On the latest installment of Path to Abundant Living, we welcome Joe Navarro renowned author, speaker, and former FBI agent, to discuss his decades of expertise in deciphering the unspoken cues that shape our interactions.This episode is packed with helpful takeaways to improve your nonverbal communication skills!Timecodes:0:06 - Introduction and overview on the topic of the day1:30 - How Scott and Matt met Joe and became fascinated with his career3:34 - Welcoming Joe Navarro to the show5:31 - Getting "the edge" in negotiations10:12 - The power of nonverbal communication15:43 - The importance of 18 minutes22:46 - Presenting yourself in a more sideways manner when communicating with someone29:00 - "Listen to understand, rather than listen to reply"33:42 - How Joe can tell if someone is lying 44:00 - How you can find Joe and his consulting work online48:00 - Matt's key takeaways from the conversation with Joe50:46 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.It's easy to drag your feet on making financial decisions. We're all guilty of it. However, indecision, or a lack of action, can be detrimental to your financial world and keep you from achieving the future goals you have in mind!On the latest episode of Path to Abundant Living, we're addressing seven items you can be doing right now to reinforce your financial world and put you on the path to abundant living. Timecodes:0:06 - Introduction and overview on the topic of the day1:39 - Why you should be addressing your Powers of Attorney now5:23 - It's never too early to consider estate planning efforts8:00 - Take a second look at your insurance coverages 10:50 - Examine your specific assets and identify coverages from there14:23 - Pay yourself first20:21 - Have your end goal in mind24:23 - Have a mentor or guide to support you in achieving your goals27:28 - Assess your good and bad debt33:50 - Identify your legacy39:43 - Leverage a third party facilitator to help with legacy conversations42:36 - Living an amazing life of significance 47:35 - How to get in touch with Matt and Scott48:34 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.On the latest episode of Path to Abundant Living, we're taking a different approach to our typical conversations. This time around, Matt and Scott are tackling some of the most pressing questions they've been receiving from their clients. As the financial landscape continues to evolve, it's crucial to stay informed and empowered to make well-informed decisions.Join Matt and Scott as they delve into the complex world of personal finance, providing invaluable insights and practical advice to help listeners navigate the uncertainties that come with managing their wealth. With their wealth of knowledge and experience, they aim to address the most common concerns and provide clarity on key financial topics.Timecodes:0:06 - Introduction and overview on the topic of the day1:29 - Questions surrounding the debt-ceiling 7:35 - How bad is inflation and where will it go from here? 13:28 - Are we headed towards a recession? 15:53 - Clarification surrounding the recent banks failing21:05 - The rising interest rates and how you're impacted24:30 - You need to be taking your estate planning efforts seriously27:28 - Moving towards a cashless society30:10 - Should I be moving my money to gold or crypto? 34:50 - Why it seems like no one is working anymore? 38:36 - Shirtsleeves to shirtsleeves in three generations45:18 - How you can get in touch with Matt and Scott46:00 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.While wealth is a primary focus on our podcast, we're taking a different approach today and examining the importance of health. Without a healthy lifestyle, your Path to Abundant Living could be quite short!On the latest episode of Path to Abundant Living, we welcome Chris Johnson, Founder & CEO of On Target Living, and Matt Johnson, President of On Target Living, to discuss their signature REST EAT MOVE system.As the company's Founder, Chris has become an international speaker, thought leader and best-selling author. He is on a mission to inspire people to take small steps to healthy living.Timecodes:0:06 - Introduction and overview on the topic of the day1:16 - How Matt and Scott met Chris Johnson of On Target Living3:10 - Background on Chris Johnson4:48 - How Chris launched On Target Living9:06 - What differentiates On Target Living from other health and fitness organizations11:27 - We're not truly taught the foundations of health in schools, which leads to medical illiteracy15:07 - Your "why" needs to be bigger than your "but"18:22 - How On Target Living impacts lives on a regular basis20:27 - How Matt came into the fold and began working with his Dad27:37 - Their passion for giving back and impacting someone's life32:45 - The challenges of working with family36:26 - What they enjoy most about running a family business40:32 - How their parents impacted their relationships with money44:55 - Farewell to Chris and Matt48:03 - Final takeaways and key considerations from this conversation51:28 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.On the latest episode of Path to Abundant Living, we're pleased to welcome Cindy Arledge to the show to discuss the increasingly popular topic of legacy planning!Cindy Arledge, MBA brings a fresh new approach to an age-old problem: how to transfer wealth without destroying your beneficiaries’ ambition and drive, and their relationships to each other.Motivated by the most painful experience of her life, losing a brother’s relationship over a shared inheritance, Cindy developed a process to help business owners preserve family relationships through emotional and financial storms.Cindy shares her unique insights into the world of legacy planning and gives us some considerations for our own futures. Timecodes:0:06 - Introduction and overview on the topic of the day1:23 - How Matt and Scott became acquainted with Cindy4:18 - Welcoming Cindy Arledge to the show6:35 - What is legacy planning? 9:55 - What Cindy enjoys the most about working in legacy planning11:45 - Working with tougher clients13:38 - There are 22 conditions that impact a family's ability to transfer wealth successfully17:23 - Values-driven conversations among families23:05 - It starts with knowing how to manage wealth27:26 - How her inheritance has impacted Cindy's relationship with money30:23 - Your "why" is incredibly important in this legacy planning process32:21 - Conduct a free risk audit with Cindy33:44 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.You've worked so hard to achieve success and the wealth that comes along with it. For many people in this position, they look to travel as a means of enjoying that wealth and creating long-lasting memories for them and their families. On the latest episode of Path to Abundant Living, Matt and Scott are joined by Cindy Gonzalex, Owner & Designer at Theory of Travel, for a great conversation surrounding her efforts to create custom curated travel experiences and eliminate the hassle of vacation planning for you. Cindy shares some fantastic travel strategies, as well as her top destinations she's sending individuals and families these days. You don't want to miss this fun episode!Timecodes:0:06 - Introduction and overview on the topic of the day3:00 - Travel is an important item for many affluent families and individuals5:00 - Cindy joins the show and describes Theory of Travel6:50 - Cindy's process on getting to know her clients and curating a custom travel experience8:39 - Steering her clients toward one destination versus another10:20 - Educating her clients on what unique travel opportunities exist12:18 - Cindy's ideal clients16:38 - Safety concerns when traveling to exotic locations20:16 - Cindy's top 3 destinations in 202324:08 - Additional travel tips and considerations26:19 - Ryan's experience using a concierge vacation planning service28:00 - Scott's experience having to cancel a vacation due to Covid-1931:55 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.If you’re a business owner who decides to sell or transition the ownership of your business, do you know what your next move will be? For some entrepreneurs who want to stay part of the business world they know so well, becoming an independent consultant can be a new stage in their entrepreneurial lives. On the latest episode of Path to Abundant Living, we’re taking a look at some key issues involved in transitioning from being a business owner to being a business consultant.Timecodes:0:06 - Introduction and overview on the topic of the day2:03 - The trend of business owners becoming consultants3:22 - The benefits of becoming a consultant4:47 - Being a consultant can smooth the transition into retirement6:09 - What you should be aware of when becoming a consultant7:56 - You need to have a plan in place when transitioning into your consultancy career10:06 - How to physically land the consultancy gig12:08 - This isn't going to be an easy process overall14:52 - Why did you sell your business in the first place? 16:23 - How to get in touch with Matt and Scott to discuss this further17:45 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.We all want to achieve our goals and help the people we care about most reach their objectives. However, we’re not always certain about the best way to make that happen! On the latest installment of Path to Abundant Living, we’re examining how the idea of positive thinking, while helpful, can actually hold you back if you don’t augment it with a smart action plan.Timecodes:0:06 - Introduction and overview on the topic of the day1:39 - Positive thinking sounds great in theory2:32 - The downside of positive thinking4:07 - What research on positive thinking tells us6:30 - An example of taking a positive action step forward7:55 - You need to do the work!10:01 - How you can be more focused and effective when achieving your goals12:21 - Task switching and advice for staying on track14:35 - How you can get in touch with Matt and Scott's team15:55 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.The people you know can play a big part in the amount of success you achieve in business and in life. But for contacts to be important and valuable to that success, you need to develop powerful relationships with them that get results for all involved. On the latest episode of Path to Abundant Living, we’re exploring some key ways to make that happen!Timecodes:0:06 - Introduction and overview on the topic of the day1:25 - "It's not what you know. It's who you know."2:32 - What highly successful people are doing to connect with others4:16 - How to get others on board with the passion that you radiate?6:31 - Your actions should be giving and taking within your relationships8:25 - Profit can be a major motivator, so provide economic glue in your relationships9:54 - Trust is pivotal within developing these relationships11:30 - How to build trust quickly14:00 - How to get in touch with Matt and Scott17:15 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.There’s no shortage of goals that we want to achieve for ourselves, our loved ones, and even our communities. But defining meaningful goals and pursuing them intelligently is a big challenge for many of us. On the latest episode of Path to Abundant Living, we’re looking at some ways we can develop a clear vision for our lives, translate that vision into actionable objectives, and go after those goals with gusto.Timecodes:0:06 - Introduction and overview on the topic of the day1:28 - Why goal setting is such an important facet of life2:16 - Tips for developing goals3:19 - You want to be extremely clear when setting your goals4:15 - The first step within intelligent goal setting5:53 - You need to use a SWOT analysis when setting goals7:32 - Take the low-hanging fruit9:13 - An appropriate number of goals to be working on11:02 - Issues that arise when people pursue their goals13:02 - How you can get in touch with Matt and Scott14:00 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.As we age, many of us will experience cognitive decline, maybe minor, but perhaps major. On the latest episode of Path to Abundant Living, we’re looking at some ways to potentially safeguard your assets from wealth-destroying mental money mistakes before that time comes. Here’s a look at how to do it!Timecodes:0:06 - Introduction and overview on the topic of the day1:38 - We don't want to think about losing our mental edge 2:47 - These are important conversations to begin having 4:22 - Start planning efforts as early as you can5:50 - The steps people should be considering while they're still mentally sharp7:24 - You should be open about your wishes 10:20 - The formal documents and legal steps you should be considering13:02 - The common mistakes that can be made during this time16:02 - How you can get in touch with Matt and Scott17:30 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.While divorce rates in the U.S. have generally been falling for some time, the sad fact is that many marriages don’t work out. On this episode of Path to Abundant Living, we’re examining ideas and options for protecting financial assets in the event that a marriage, yours or that of a loved one, ends in divorce.Timecodes:0:06 - Introduction and overview on the topic of the day1:50 - Divorce is an outcome that should be factored into wealth planning efforts3:17 - Misconceptions around prenups and planning ahead for them5:36 - How asset protection strategies vary from state to state6:48 - Transmutation risk8:50 - The prenuptial agreement 11:25 - What the typical prenup offers13:03 - Less complex strategies that you can implement15:50 - How you can get in touch with Matt and Scott 17:10 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.We’re living longer than ever these days! That means our wealth may need to see us through what could be an extremely lengthy retirement. This can sometimes be a double-edged swrod scenario. On the latest installment of Path to Abundant Living, we’re exploring how an increasingly important aspect of wealth management, called longevity planning, can potentially help position our finances for the long haul.Timecodes:0:06 - Introduction and overview on the topic of the day1:50 - Living longer is a double-edged sword3:10 - How wealth managers are addressing these issues5:15 - How wealth management is being used to ensure their wealth is well-positioned7:45 - Concierge medicine and how it plays a role within wealth management10:20 - Longevity planning should take estate planning into account11:25 - The issues that pop up within estate planning in this moment13:16 - What you should be discussing with your trusted advisors14:47 - Where to begin with putting solutions in place16:20 - How to get in touch with Matt and Scott 17:10 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.Business owners want to better understand their clients so they can serve them exceptionally well and grow their enterprise. And while surveys, market research and other tools can be key parts of that effort, there’s another smart marketing strategy that too many entrepreneurs overlook.On the latest episode of Path to Abundant Living, we're diving into the surprising value of utilizing a client advisory board! Timecodes:0:06 - Introduction and overview on the topic of the day1:30 - The twist on a traditional approach2:54 - What does a client-focused board of advisors does and how they operate5:11 - Why this board is valuable to you and your business6:30 - The results associated with a top-tier client advisory board9:35 - The board should consist of your top clients12:09 - How to ask your client to be a part of this board14:13 - How you can get in touch with Matt and Scott16:00 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.When advisors truly know their clients, as people and not just numbers on a paper, they can better help them achieve their financial and other goals. In the latest episode of Path to Abundant Living, Matt and Scott are exploring the value associated with having advisors that are truly client-centric, as well as how you can identify if your current advisor takes a client-centric approach. Timecodes:0:06 - Introduction and overview on the topic of the day1:30 - How wealth management has changed to become more client-centric overall2:30 - The steps wealth managers are taking to understand their clients on a deeper level3:33 - What a thorough discovery process looks like6:40 - An example of detailed discovery process and the key areas it identifies9:28 - Your assets are just one small component of a much bigger picture13:29 - Identifying your values is a complex process15:40 - How you can get in touch with Matt and Scott to go through their discovery process16:55 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.We all have various personality traits. Some of us are introverts while others are extroverts, for example. However, did you know that you also have a wealth personality and it can have a big impact as you pursue your financial goals? On the latest installment of Path to Abundant Living, Matt and Scott are diving deep into the various high-net-worth personality types that exist today. Listen as they outline the various options out there, as well as strategies to help identify which category you fall into. By recognizing which high-net-worth personality type you have, you can position yourself to make financial decisions that are more aligned with your goals for the future. Timecodes:0:06 - Introduction and overview on the topic of the day1:25 - What do we mean by high-net-worth personality types? 3:15 - Your HNW personality should be similar to your wealth manager's HNW type4:45 - The most popular high-net-worth personality types6:35 - Additional high-net-worth personality types that exist today9:30 - Why it's beneficial to work with a wealth manager that understands your HNW type11:30 - How to identify which HNW type you align with17:00 - Can you have a combination of two HNW types? 18:55 - How you can get in touch with Matt and Scott 20:30 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.Many of us have thought about how to best transfer our wealth to our heirs someday. Unfortunately, parents and grandparents with significant assets don’t always spend enough time on passing along the values that helped them build, grow and maintain that wealth. On the latest installment of Path to Abundant Living, Scott and Matt are examining the importance of transferring financial values to our kids and some of the best methods to do so. Sit back, relax, and enjoy another enlightening episode that's bound to leave you with some considerations for your own heirs!Timecodes:0:06 - Introduction and overview on the topic of the day1:52 - The issues and challenges that arise when values aren't transferred to heirs3:20 - The types of heirs that better avoid these issues5:15 - The first step in educating your heirs on values 7:39 - Ongoing communication is essential10:08 - The ideal times or moments when these financial discussions will resonate with heirs12:35 - Action steps that matriarchs or patriarchs can take to begin instilling values with heirs15:30 - Advice for families that are working together to manage a business18:25 - Final tips for transferring values to heirs22:00 - How you can get in touch with Matt and Scott for additional information23:33 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.With so many changes in the world, and perhaps in your own family, a trust you’ve set up to achieve your financial goals could be out of date even if it’s just a few years old.On the latest installment of Path to Abundant Living, we're examining how to size up the current status of a trust to see whether it's still on track, so you can decide if any changes are appropriate. This is a routine conversation that Scott and Matt are having with their clients at Morrison Nordmann & Associates, so there's plenty of great information packed into today's episode! Sit back, relax, and enjoy another enlightening conversation!Timecodes:0:06 - Introduction and overview on the topic of the day2:05 - There's more to the process than simply setting up a trust2:50 - Why a trust may become outdated3:50 - Where to begin the process of reviewing your existing trust6:30 - Items overlooked on a trust that need to be updated8:35 - The mistakes that people make when it comes to their trusts11:18 - The next steps needed to ensure your trust is operating at an optimal level14:12 - What a stress test could uncover about someone's trust16:44 - This process is done hand-in-hand with a team of professionals19:22 - How to get in touch with Matt and Scott to continue this conversation20:02 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.Being wealthy and successful is great in many ways, but it can put a target on your back for frivolous lawsuits. Asset protection planning can help you better safeguard your wealth.In the latest installment of Path to Abundant Living, Matt and Scott explore some foundational asset protection strategies that you may want to consider.Matt and Scott are routinely having these conversations with their clients to put them on their own path to abundant living, while also building a proverbial wall around their wealth. So sit back, relax, and enjoy another thought-provoking conversation!Timecodes:0:07 - Introduction and overview on topic of the day1:47 - What is asset protection and who needs it? 4:15 - People don't often have adequate asset protection plans in place5:42 - How someone should start this process of getting an asset protection plan in place6:50 - What should your asset protection plan entail and address? 9:00 - Next-level asset protection strategies to consider11:10 - Utilize the right team for your asset protection plan!12:57 - The mistakes Matt and Scott often see on asset protection plans16:26 - How to get in touch with Matt and Scott to discuss asset protection for yourself18:45 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.Affluent families and individuals often have an overwhelming amount of things on their plate, making it easy to overlook issues tied to one of their largest assets. Our homes are not only a massive asset, but they are also important to our financial security and personal sense of stability. In the latest installment of Path to Abundant Living, Matt and Scott are identifying the five critical mistakes that affluent homeowners are making today. Whether it be a lack of adequate coverage, or ensuring the right items are covered under different policies, affluent families are regularly making costly mistakes!This is an episode packed with useful information to help mitigate risk within your portfolio and bolster your financial plan overall. So sit back, relax, and enjoy yet another thought-provoking episode! Timecodes:0:06 - Overview on the topic of the day1:44 - Why homeowners should be doing a financial check up on their homes3:20 - The five most significant mistakes homeowners are making these days5:30 - The most concerning issues with making these mistakes7:30 - How someone can tell if they have a lack of adequate coverage8:46 - Issues for families that have more than one home10:30 - The importance of listing LLC's on a homeowners insurance policy12:16 - Issues related to homes with unique architecture or building materials14:20 - Issues related to valuable collections and heirlooms17:20 - Next steps for those looking to take action and mitigate these potential risks20:13 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.One mistake that can be so easy to make is focusing on one aspect of our financial life. In doing so, we can miss opportunities as well as take on unnecessary levels of risk. In the latest installment of Path to Abundant Living, Matt and Scott explore methods to avoid that problem and address the full range of financial concerns through wealth planning.Ultimately, it comes down to analyzing your full financial picture! While investment management plays a role in this conversation, your advanced needs are also considered, like wealth protection, tax mitigation, estate planning, and charitable giving. Sit back, relax, and enjoy another enlightening episode that provides a complete overview on wealth planning and its importance. Timecodes:0:06 - Overview on the topic of the day1:52 - What is wealth planning? 3:53 - A common technique across wealth planning efforts6:03 - The various types of trusts that exist and why they're a nice wealth planning tool7:40 - How life insurance is also a unique tool within the wealth planning toolkit9:59 - How might wealth planning address concerns for business owners? 13:21 - What someone should be looking for in a wealth manager14:05 - A deeper dive into these principles that comprise a great wealth manager19:44 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.In the latest installment of Path to Abundant Living, Scott and Matt take a different approach to their typical conversations and address the best practices for generating a significant level of wealth. There's no denying that entrepreneurship is the most effective method of generating wealth, but it takes more then a great business plan. Matt and Scott identify and take a deep dive into the four drivers of success: a commitment to achieve, a quality business model, an ability to build strong relationships, and a willingness to engage with elite wealth planners. Additionally, Scott and Matt share their own personal experiences with entrepreneurship and the lessons they learned along the way!So sit back, relax, and enjoy an intriguing conversation in this special edition of Path to Abundant Living. Timecodes:0:04 - Welcome to the show and overview on the topic of the day2:00 - Entrepreneurship is one of the most effective ways to generate significant wealth3:08 - The four best practices of the most successful entrepreneurs5:06 - The commitment to achieve success7:14 - The commitment itself isn't enough and action needs to be taken 9:10 - The importance of developing a high-quality business plan11:33 - The ability to build powerful relationships and its impact on wealth creation13:46 - Insight on building and maintaining a high-quality team around you16:03 - Why working with the right professionals is so important to elevate a company's status19:58 - Scott and Matt share experiences from their own relationship with entrepreneurship22:47 - Summarizing how entrepreneurship is the most effective way of generating wealth25:18 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.One of the biggest concerns facing affluent families is how to manage their wealth so that it achieves many goals. Their focus could be continuing to grow their wealth as it is transferred to younger generations, or aligning the use of that wealth with the values and ideals the family holds dear, or even protecting that wealth from creditors and others who might seek to take it unjustly. Often the best place to start, is to ensure that your family members are aligned when it comes to key issues. A family constitution can be a great way to get that process going.In the latest installment of the show, Scott and Matt explore the benefits of establishing a family constitution to ultimately promote clarity and harmony when it comes to managing family wealth. Timecodes:0:05 - Welcome to the show and overview on the topic 2:20 - The types of challenges arising when families with wealth work together to manage their assets4:30 - Specific wealth-related issues with families possessing significant assets5:43 - What families can do to create and maintain harmonious relationships surrounding their wealth7:07 - How a family constitution works and promotes better relationships across the family8:48 - How a family would go about drafting this document11:22 - Who from a given family should be involved in discussing these issues13:17 - Is this a legal and binding document? 15:00 - How does this document remain relevant over time? 16:35 - Who families can turn to for help with this process18:47 - Summarizing the benefits of the family constitution20:59 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.In the latest installment of Path to Abundant Living, Scott and Matt address a new topic, surrounding the roles and responsibilities of an executor. When faced with this role, oftentimes, individuals are unaware of the full extent of responsibilities that accompany this role. Additionally, an executor faces an apparent level of personal risk when assuming this position. Listen as we dive into the duties of the role, as well as the assortment of variables to consider. So sit back, relax, and enjoy a thought-provoking conversation that will leave you considering whether or not you're suited for the role of an executor. Timecodes:0:05 - Overview on the topic of the day1:38 - What is an executor?4:35 - There should be careful consideration before accepting the position of an executor6:04 - What is involved in finding and filing the will7:45 - The challenge of locating all of the assets in a given estate9:56 - Advice for executors currently searching for the estate's assets12:04 - An executor's role of paying out existing debts or liabilities14:24 - People are often surprised when they learn of the roles and responsibilities of the position16:04 - The personal level of risk involved in being an executor20:02 - You must keep detailed records as an executor 23:20 - Closing remarksConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.In the latest installment of Path to Abundant Living, Scott and Matt explore the complex nature surrounding inheritances. The big question surrounding this topic is: Are your heirs ready to deal with the wealth you may be planning to pass on to them someday? It's an unfortunate fact that inheritors often struggle with their windfalls in a way that can be hazardous to the overall wealth. It takes proper planning and clear communication to alleviate any potential problems that could occur with the inheritance itself, as well as the beneficiaries' spending habits afterwards. We all understand the general process behind inheritances, but this episode unveils the intangible elements that come into play, especially when a significant level of wealth is being transferred. So sit back, relax, and enjoy another enlightening conversation that sheds light on a topic we all thought we knew. Timecodes:0:05 - Introduction and overview on today's topic1:24 - Why inheritances overall can be a double-edged sword 3:50 - The internal and external problems beneficiaries can face during this process5:55 - Where to begin with addressing these issues and help prepare the heirs 7:15 - What affluent families are doing and not doing when it comes to preparing heirs9:00 - Where to begin with fostering a level of financial intelligence with future heirs11:26 - An individual's. current view and actions with wealth can tell you a lot 14:32 - Is there an approach that's more appealing to educate an heir?17:29 - Additional elements family matriarchs and patriarchs should be considering20:10 - These education efforts are universal and shouldn't change depending on amount of wealth22:00 - Who families can turn to for help with this entire processConnect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.In the second installment of Path to Abundant Living, Matt and Scott explore the key ingredient missing within most wealth managers and why affluent individuals should be demanding more out of their financial planning professional. It’s no secret that the affluent have access to the top financial professionals, who possess the highest levels of financial acumen attainable. However, in most cases, that isn’t enough to efficiently and effectively manage a client’s portfolio. In this episode, Matt and Scott highlight the importance of the human element and its role within their conversations with clients. Only by understanding the client’s core values and personal goals, will a wealth manager be able to develop the most effective wealth strategy.So sit back, relax, and enjoy another enlightening conversation surrounding the client. By understanding what is most important to you, and what you hope to ultimately achieve your wealth, your wealth manager can begin to set you on the path to abundant living.Timecodes:00:06 – Introduction and overview on today’s episode02:22 – Why those with significant assets should be demanding more from their wealth manager04:00 – The missing link when it comes to a majority of wealth managers today05:15 – What the human element entails8:25 – Why the human element is so important within wealth management specifically11:00 – How the human element is weaved into the overall stress testing process12:40 – Instances where a stress test reveals no problems14:06 – How to assess whether a wealth manager cares about the human element as a whole17:21 – What Matt and Scott would look for when seeking out a wealth manager18:28 – The discovery process at Morrison, Nordmann & Associates20:10 – Other important aspects when it comes to delivering the human element22:42 – Closing remarks Connect with Scott Morrison and Matt Nordmann:WebsiteLinkedIn

Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.In the inaugural episode of Path to Abundant Living, we introduce you to Scott Morrison and Matt Nordmann, Managing Partners of Morrison, Nordmann & Associates, as they shed light on one of the most important financial conversations of all - the stress testing process. Stress tests are an integral part of Scott and Matt's wealth management process and they are designed to evaluate whether an individual, family, or business's current financial portfolio is likely to generate the results they want and expect. Scott and Matt work with an array of clients, with varying net worths, and there are numerous lessons to be learned in watching the stress testing process be utilized throughout these different circumstances.So sit back, relax, and enjoy and enlightening conversation surrounding the benefits of this process and how a stress test can be used to benefit your own wealth management strategy. Timecodes:00:06 - Show introduction and overview on the show01:05 - Introducing Scott Morrison and Matt Nordmann02:22 - What people can be doing right now to give them peace of mind about their finances?04:10 - Why the stress testing process is so valuable 06:14 - The three main ways a stress test can be utilized07:54 - An example of why someone was prompted to come get a stress test10:15 - An example of how a stress test helped benefit someone's financial situation13:08 - The keys to make sure a stress test is being done well14:00 - How the human element comes into play during this stress testing process15:56 - How Scott and Matt get into the heart of their clients' goals and values20:00 - A lesson that can be learned from the super rich individuals23:00 - What the stress testing experience looks like when working with Scott and Matt27:27 - Final remarks Connect with Matt and Scott:WebsiteFacebookLinkedIn